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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Walmart has entered a definitive agreement to purchase micro-fulfillment center (MFC) developer Alert Innovation. This is putting the squeeze on small businesses.

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How To Reposition Inventory to Better Respond To Natural Disasters

Camelot 3PL Software

The IFRC report showed a definite increase in the number of natural disasters since the 1960s, with a sharp 35% increase since the 1990s. More recently, an Institute for Supply Management survey found that the supply chains of approximately 75% of over 600 businesses faced disruptions from the COVID-19 pandemic.

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The Role of Data Analytics in Supply Chain Management

3PL Links

In this regard, a global survey highlights that data quality rather than data processing presents the biggest challenge for businesses. Business logistics were typically fragmented and lacked coordinated operations until the middle of the 1970s. as a definition of value.